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SKYX Platforms Corp. — Director's Dealing 2022
Apr 7, 2022
33953_dirs_2022-04-06_8cf0d77f-a877-4006-b212-ebe8db19d1b5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SQL Technologies Corp. (SKYX)
CIK: 0001598981
Period of Report: 2022-03-31
Reporting Person: Ridge Thomas J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-31 | Common Stock, no par value | A | 285 | $12.85 | Acquired | 785285 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $3 | 2027-04-19 | Common Stock, no par value (166667) | 166667 | Direct |
| Stock Option (right to buy) | $4 | 2027-04-19 | Common Stock, no par value (166667) | 166667 | Direct |
| Stock Option (right to buy) | $5 | 2027-04-19 | Common Stock, no par value (166666) | 166666 | Direct |
| Stock Option (right to buy) | $3 | 2023-01-01 | Common Stock, no par value (25000) | 25000 | Direct |
| Stock Option (right to buy) | $3 | 2024-01-01 | Common Stock, no par value (25000) | 25000 | Direct |
| Stock Option (right to buy) | $12 | 2025-01-01 | Common Stock, no par value (25000) | 25000 | Direct |
| Stock Option (right to buy) | $12 | 2025-12-31 | Common Stock, no par value (25000) | 25000 | Direct |
| Stock Option (right to buy) | $12 | 2026-12-31 | Common Stock, no par value (25000) | 25000 | Direct |
| Stock Option (right to buy) | $12.34 | 2027-03-11 | Common Stock, no par value (5000) | 5000 | Direct |
| Series A Convertible Preferred Stock | $ | Common Stock, no par value (200000) | 200000 | Direct |
Footnotes
F1: The Series A Convertible Preferred Stock (the "Preferred Stock") is convertible at any time, at the holder's election, on a one-for-one basis, and has no expiration date. The issuer may repurchase any or all of the Preferred Stock at any time, if certain conditions are met. Holders of the Preferred Stock may require the issuer to repurchase some or all of their shares of Preferred Stock.
F2: Options vest in twelve equal monthly installments, beginning on the last day of the month in which the options were granted.
F3: The reporting person has elected to receive shares of the issuer's common stock in lieu of the cash retainer payable for service on the issuer's board of directors, pursuant to the non-employee director compensation program.